lower transfers of condominium units, and decline in hotel revenue based on market conditions. Central Pattana Public Company Limited Management’s Discussion and Analysis (MD&A) Consolidated Financial
Singha Complex, 39-storey condominium with 319 units and value at THB 4,347m, began ownership transfer in September 2019. Amid sluggish in property market, by far, both sales and transfer activity have
transactions: a) A 56% investment in DAII through an acquisition of DAII’s newly issued shares in January, in exchange for transfer of the Company’s 51% stake in Nirvana Development Co., Ltd. (“Nirvana”) and two
for Bangkok real estate business in 2019 and necessity to increase caution in business operation, the management maintain positive view over luxury condominium1 market, appraising from sales volume of
remaining backlogs and inventory from the four property development projects are in total of 13,762 million Baht in which are in process of completion and expected to transfer as planned. 1. As of 31 December
remaining backlogs and inventory from the four property development projects in a total of 15,746 million Baht, which are in process of completion and expected to transfer as planned. 1. As of 31 December
2017. To The President and Governing Members of The Stock Exchange Market of Thailand Origin Property Public Company Limited and its subsidiaries hereinafter called “The Group” For the for the period of
estate market is explored in order to diversify business risk and boost recurring income. Apart from developing residential condominiums, the Company also provides real estate services and property
the decrease in sales, which was affected by the trade war as well as the raising of competition in the mobile phone distribution market. 2. Revenue from debt collection and other services in the third
. Also, the Company’s main revenues were originally from low-maintenance battery sales. However, during the past year, there were increased demands in maintenance-free batteries in the market. That caused